2, NEW PARK LANE, MANSFIELD, NG18 2FA - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NEW PARK LANE is a large extended terraced house of 124m², built sometime from 2012 onwards, which could now be worth an estimated £299,291. It was last sold for £225,000 in October 2020, which was around 116% above the average October 2020 terraced price in the Mansfield local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

2 NEW PARK LANE Sold Prices

Land registry data shows two sales for 2 NEW PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Mansfield local authority area for the corresponding sale date. Both of the two 2 NEW PARK LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 16 OCT	£225,000	£104,030	116% above HPI
2019 5 NOV	£760,000	£100,009	660% above HPI

2 NEW PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Mansfield local authority area over time, sourced from the HPI. The two 2 NEW PARK LANE sales from November 2019 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2019 sale was for 660% above the HPI. So the extrapolation line tracks at 660% above the HPI over time, until the October 2020 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

What might 2 NEW PARK LANE be worth now?

2 NEW PARK LANE might now be worth an estimated £299,291.

This is based on house price inflation of 33%, between October 2020 and June 2025, for terraced houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33% inflationary increase is applied to the most recent sale price for 2 NEW PARK LANE of £225,000 on 16th October 2020. For the value to have increased from £225,000 to £299,291 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 2 NEW PARK LANE has moved in line with the HPI for terraced houses in the Mansfield local authority area.
• The October 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NEW PARK LANE has not materially changed since October 2020.

How Large is 2 NEW PARK LANE?

2 NEW PARK LANE is 124m², which includes one extension, according to the EPC inspection conducted in December 2024. This puts it in the largest 40% of terraced houses houses in Mansfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Mansfield, and where 2 NEW PARK LANE lies on this distribution: 66% of terraced houses houses are smaller than 2 NEW PARK LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

2 NEW PARK LANE: Plot and Title Map

2 NEW PARK LANE sits on a plot of roughly 2.2 acres, or 9,027m². The below map shows the location of 2 NEW PARK LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 NEW PARK LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 NEW PARK LANE?

2 NEW PARK LANE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 2 on NEW PARK LANE.